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Search Results 0 to 49 of about 102 (some duplicates have been removed)
toomey how the deficit is going to play a role in the depate. he was a member of the super committee. plus memorable moments from past vice presidential debates like this one from 1988. >> senator, i served with jack kennedy, i knew jack kennedy. jack kennedy was a friend of mine. senator, you're no jack kennedy. hey. hey eddie. i brought your stuff. you don't have to do this. yes i do. i want you to keep this. it'd be weird. take care. you too. [ sighs ] so how did it go? he's upset. [ male announcer ] spend less time at gas stations with best in class fuel economy. it's our most innovative altima ever. ♪ try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. [ male announcer ] why do more emergency workers everywhere trust duracell...?? duralock power preserve. locks in power for up to 10 years in storage. now...guaranteed. duracell with duralock. trusted everywhere. extra curricular activities help provide a
a lot more. we'll talk to douglas holtz-eakin on the budget deficit. he will give us some insight and analysis how it all works into the election next hour. friday trading session still underway. we'll see you in the next hour. keep it here on fox business. [ le announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of llars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all
that his plan to cut the deficit is to cut off funding for pbs. this has become a full-fledged thing in the campaign now. the obama campaign today releasing this 30-second ad specifically on the issue of big bird. it's a sarcastic ad hitting mitt romney for being tough enough to take on this yellow-feathered fellow. and president obama has now fully incorporated the big bird line into his stump speech. >> for all you moms and kids out there, you should have confidence that finally somebody is cracking down on big bird. elmo has been seen in a white suburban. he's driving for the border. oscar is hiding out in his trash can. we're cracking down on um. g governor romney's plan is to let wall street run wild again, but he's going to bring the hammer down on "sesame street." >> president obama now having lots of fun with this out on the campaign trail. but as a policy matter, it's sort of a serious thing. when mr. romney was asked during the debate how he would make the math work, he wants to be seen as the math ticket, how would you make the math work? how would you pay for the increase
deficit. >> big bird. >> big bird. >> thank goodness someone is getting tough on big bird. >> it is about time. >>neil: big bird is a big joke after mitt romney said he would cut funding to pbs rather than borrow money from china. the obama campaign is take on the governor romney that has the folks at "sesame street" stewing. >> one man has the guts to spoke his name. >> big bird. >> big bird. >> big bird. big. yellow. a menace to the economy. mitt romney knows it is not wall street you have to worry about, it's "sesame street." >>neil: i want that defy to voice my ad. with the debt mounting even big bird is getting nervous. >> look at this. don't worry, don't worry, everyone is printing more money. >>neil: big bird that is not so, we are not cleaning it up, we are bigging deeper. if you can't touch big bird, what can you touch? this is no joke says my guest. his new book is "who is the fairest of them all." he churns these books out so fast but this could boomerang? >>guest: this is my favorite lines in the debate, actually, when mitt romney said maybe we can live without pbs subsidies.
, that was dishonest. >> when senator obama said in 2008, i'm going to cut the deficit in half, close gitmo, people said that was unrealistic, but didn't say he wasn't telling the truth. there's a difference, isn't there? >> no. closing gitmo involved an act of congress, and he wasn't able to get congress to agree with him on that question. this is basic math. >> greta: joining us our political panel, abc news senior washington editor rick klein, casey huntington, and byron york. rick, first you. i thought it was executive order to close gitmo, just needed congress to place the people. am i right? >> they realized it was going to be harder than they wanted. the distinction he's making is in terms of campaign pledges versus actions that you can possibly have congress do later. it's a stretch obviously. one man's lie and dishonesty. >> greta: it's name-calling. >> you've seen a shift from the obama campaign in terms of how they're trying to discuss and describe mitt romney. for a long time they were more interested in trying to describe him as a conservative extremist. they didn't want to go after hi
ryan on debt and deficit matters. have you ever found yourself debating him, you know, taking opposite sides on something, let's say, and if so, was he a tough debater? >> oh, wow. you have me scratching my head on that one. it's -- it would be a pretty odd day paul ryan and i would disagree on anything. he knows the budget better than just about everybody. he has a plan with governor romney for economic growth and although vice president biden is a veteran of 18 different presidential and vice presidential debates, he may score well on style but he's got the obama record to defend and not an easy evening for him on substance. and i think people are very impressed with paul ryan. i mean, here's a guy from the heartland of america. he knows the values and challenges of middle income families. and he's got a plan along with governor romney to put america back to work and quit spending money we don't have the children have better opportunities than we have had and -- >> let me jump in. >> i'm looking forward to tonight. >> on that plan, the question then is, does paul ryan need to be more
of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're going to lower the top rate. in the presidential campaign, the president's campaigning on letting the rate on the highest income people go back to where it was in the clinton years, that makes sense. now some republicans are saying yeah, we may have to do that. that's the way to get a deal done. instead of the kind of gridlock we've had so far. >> now, one of the other issues is the fiscal cliff and the gang of eight
you pay for that gap? you can either just add it to the deficit or you can close deductions and loopholes for middle class families. that's the mortgage deduction, the child deduction, charitable deduction, and that's been estimated to be about $2,000 for middle class families. that's the math. so he's taking my words out of context. it is a $5 trillion tax cut that he cannot pay for. >> let's just clarify two things there. one is did you say that it was wrong. is he right when he says that? >> no. what i said, piers, was the total of his t cuts cost $5 trillion. now, if he's going to close loopholes and deductions, you know, that cost will be lowered. but it's not going to be lowered enough for this thing to be totally paid for. the only way to do that -- >> i understand that. >> -- is to close deductions for middle class families. >> this is quite important. it's quite important because -- >> he's wrong. >> okay. let's discuss how he's wrong. because what he says is when the president keeps saying as he did in that debate it's a $5 trillion tax cut, you are already concedi
income individuals to avoid either raising the deficit or burdening the middle class. it's math. it is arithmetic. megyn: now, this professor at princeton, upon whom the obama campaign has based its charge since then, they are citing this professor, harry rosen, to say that romney's plan is going to pinch the middle class -- he has come out and said, i have never said that and i do not believe that. joining me now is lou dobbs, host of "lou dobbs tonight" and a syndicated radio host. it's not often that you see a princeton guide defending a candidate, but he is saying that i am not saying, this will not pinch the middle class. why is that? be. lou: based on a set of assumptions, it is a result of the tax reductions and the marginal tax rate, which would be 20% from top to bottom. megyn: romney is going to cut 20% for everyone? lou: the top 20% will go to 28. and he said, what are you talking about? they stripped away the tax policy center -- which is a left wing outfit. megyn: let's just keep on that, because this is the other thing -- the tax policy center says the middle class
think that he is wrong that debt and deficit is number one. jobs is numbe it adds a sense of bad news amongst the administration, number two, it does hamper obama's ability to press his advantage on foreign policy, which he did have because of the modern and other issues. but this is breaking through and it's going to continue breaking through the house hearings today. there are some curious mishandling of this issue in benghazi. as it continues to break through october, the timing is bad and it gives mitt romney simply stand and say, this guy has made some serious mistakes here. jon: the clear politics have taken a look at independent voters. the rcp average, the rasmussen poll, gallup tracking poll, ibd, all of them have mitt romney just president among independent voters. does that surprise you? >> yes, because it's such a radical shift. but again, i thishift. but again, i think that perception after the debate, maybe more so than the reality, is everything in politics. the perception is that mitt romney swamped the president, he looked more commanding and presidential on the stage
league team to rally from an 0- 2 deficit. despite the rocky start fans hope for smooth sailing. >> i wasn't going to give up on them but it wasn't anything that you were expecting just, you know, i just thought it was amazing what they did the last two days. >> reporter: there will be no tailgating outside. fans are holed up indoors some at sports bars, some at home and for those at work, well, i have to ask, are you really going to be working today at 10:00? >> i'm going to try. we have a conference room booked up for a meeting but we're going to be watching the game at work. [ laughter ] >> reporter: so you're not going to be working today? >> not for the morning at all. >> reporter: the excitement extends across the bay bridge. the oakland as have its own do or die game tonight. >> at the end of the day we're not supposed to be here. we're both down both teams but, you know, that's the resilience that we have. >> it's more about the city because, you know, we have always been put down kind of and so now we're showing everybody that we're str
of planned parenthood funding. apparently, this along with big bird is driving the deficits. >> reporter: the campaign rallies and the presidential debates are very different events, but the contrast in body language and the sales pitch is hard to overlook. zingers are back. >> my opponent is trying to do a two-step and re-position. and got an extreme makeover, governor romney was fact-checked by his own campaign. >> reporter: and so was talk about governor romney's mention of the 47% fundraiser, which never came up in the debate. >> we have all said that real change takes time. it certainly can't happen if you're willing to write off half the nation before you take office. >> reporter: many argue that while the president lost on performance at the debate, he won on substance. but his gop opponent, campaigning in virginia, begs to differ. >> i get the chance to ask the president some questions, i think people across the country wanted to ask him these questions. i got a chance to ask why the middle class is so buried in this country, incomes have gone down. price of gasoline has doubled.
revenue it produced were sufficient to drive down the federal budget deficit for 2005 through 2007. this despite massive war spending. as for deregulation, president obama himself said former president bush put more regulations in place than he has at the same time frame. it is true that there is one bit of deregulation regularly blamed by the liberal economists for helping create the speculative bubble that led to financial crisis and the great recession. that is the lifting of the barrier before commercial banks. it was lifted i. >> bret: if that is the case, how does president obama change dynamic debate number two? >> it's interesting to see whether romney is ready with with an answer to charge. so far, romney camp has not answered it. maybe they were reluctant to defend president bush saying he may not be popular. i think how this issue stands and how well the talking point works. it has worked to some extent with the obama team is whether he is ready to have a response to it. >> bret: insult to fatal injury in new york. media does it again. grapevine is next. ♪ [ male annou
. bush left office eight years later we had a $1 trillion deficit. republicans doubled the national debt from 5 trillion to 10, 11 trillion. barack obama has taken the 11 trillion to 16, 17 trillion. under his own proposals and his own projections, that national debt will go over 20 trillion by the time he leaves office. both parties have been reckless and irresponsible. >> so is there any way to reduce it here in the u.s. without extreme austerity measures? >> well, we're going to see what happens when we reach the fiscal cliff. i think there is a way. >> are we going over that cliff? >> i don't think so. >> do you think they're going to come together before january 2nd? >> only because you're going to have enough ceos and people who contribute to democrats and republicans alike that go, kids, kids, come here. come here. let's gather around. we're going to stop supporting you if you don't stop acting so reckless. they've got no choice. the markets are going to kill us. you know, right now we've got again 16, $17 trillion national debt. this past year. every dime that we took in as a gov
beyond the level the pentagon asked for which would explode the deficit. and he wouldn't commit to the 2014 timetable to bring our troops home from afghanistan. and so i think time and time again the vice president laid out the choice for the middle class in this election and was very effective in doing so. jon: time and time again the vice president interrupted, interjected, laughed, guf fawed, that kind of thing. was that appropriate first of all? was it intentional? >> well, republicans like to praise happy warriors. that is what we saw from the vice president last night. he caught out the brazen attempt by the romney-ryan campaign to try to rewrite their kick the -- ticket and their positions in the final 30 days of the race. suddenly they don't know anything about the $5 trillion tax cut for the wealthiest they proposed. suddenly they talk like they cover people with preexisting conditions under their health care plan. we know if you're between jobs or between plans you wouldn't be covered under their plan. the vice president is authentic. what you see is what you get. he d
to cut budget deficits. greece and spain to have more time because it would do more harm than good. france and italy and spain have been giving the same message. germany responding by saying backtracking in debt reduction goals. it would hurt confidence and so it goes. connell: never a shortage items. [talking over each other] ashley: a very conservative view. vice president joe biden taking on paul ryan in the vice-presidential debate this evening and joe biden will have work cut out for him. a new fox news poll shows 40% of americans have a favorable opinion of paul ryan compared to 44% for the vice president. with reaction to that let's bring in judith miller, fox news contributor and fellow at the man and an institute and former press secretary for vice president al gore. who has the most to lose tonight? >> joe biden has the most to lose because if he doesn'' improve on the president's performance, this ticket is in big trouble. dagen: is it avoiding gaffes this evening? i would rather see him a little loose with his lips than be a board. >> he is not going to be boring. neith
the debate the other night was the deficit. the scrocketting deficit under president obama. remember, that the total federal deficit under president obama is still at $5.2 trillion. >> that's the debt that has been added, i think. the deficit right now it was also went down yesterday. the debt. and the deficit is now 1.1 trillion. that was also came out yesterday morning. >> another barometer people always look at, too. is food stamps. 2009 what did we have 33.5 million, right? and then in 2010, 40.3. last year 44.7. and look at this year already. 46.8 million. that's as of july. >> big jump. >> yeah, so are companies hiring? that could be the good sign that companies are hiring. you want to have some good news, right? and it's hard because you are seeing manufacturing though for the second straight month also slipping. that's a sign of the strengthening economy as well which is getting the economy moving. >> but for people who don't pay attention. you know, you look at that number 7.8. things are turning around. >> are your pants ringing? >> is that my -- it is my phone. hold on a s
policy speech with no specifics, just big promises, and the same thing on the deficit and taxes. i'm going to get rid of the deficit, give you tax breaks, without talking about anything specific except, of course, big bird. >> yeah. and what -- it's important to note, you are a master of parody and comedy, the form as it were. sesame workshop has responded to big bird ad. >> official response. >> this qualifies as breaking news. >> i always knew snuff love gus was a republican but -- >> how dare you claim not to be liberals with all your brainwashing. i know how to count because of sesame street because they brainwash. >> let's not denigrate the importance of sesame street to early childhood education and the role it plans. to john's point, this is kind of -- we have serious issues at hand. >> exactly. >> and the chock is ticking. >> feel like i want to bring in mr. rogers and talk about my feel approximationp we should be talking about education and infrastructure, it is a tiny number but representative of something larger. >> two things to say about this ad, only one good thing,
on big bird. going after what has been the biggest driver of our debt and deficit over the last decade. public television. pbs. >> these are tough times with big issues so scrooch your head talking about big bird. >> bret: my tw two-and-a-half-year-old is excited about. this i don't know how many people are that big bird is in the news. he is. all over the news. the big news today perhaps the polls, gasolineup will poll today is now likely voters. they transitioned from registered voters to likely voters. that is a difference. we talk about it before. romney two-point lead. margin of error is tied. first time in a year, real clear politic average, he has the lead in the average of recent polls. what about this? the panel, jonah goldberg, from national review online. kirsten powers for daily beast. syndicated columnist charles krauthammer. charles, today's developments and well, big bird. >> democrats are actually running an ad showing big bird and contracting it with the bad guys on wall street. >> let's just play it. might as well. >> i'm just a prop here. >> bret: right. you're teein
said no to the keystone pipeline. i asked more questions like why was it with a trillion dollar deficit, he found it in his -- in his heart to put $90 billion into green energy companies that in many cases were contributors to his campaign. at least the owners of those businesses were. and why was it with what he had promised during his campaign, that health insurance premiums he would bring down by $2,500 a year, instead they went up by $2,500 a year. you know, i know we've heard his answers over the campaign. had he says look you can't fix washington from the inside, only do it from the outside. we're going to give him that chance, all right. >> that was mitt romney at a rally in richmond, virginia, karen finney some sharp words. >> not unexpected. >> not unexpected at all. >> i'll start first with benghazi, which we didn't talk about earlier and which we will talk about now. mitt romney clearly sees an opening here, foreign policy wise to hit the president. said that president is doubling down on denial in his remarks just a moment ago. let's talk about how the vice president handled
. >> bret: more on this with the panel. thank you. federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what does it show? [ male ann] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model yea
the national deficit. now, everybody can obsess on his 87 -- and obsess on what he said during the primaries. but that sent a message to me, jim vandehei. >> of the philosophy. >> that that philosophy, a moderate philosophy, a conservative with a small "c" philosophy, that i'm not going to be a crazy ideologue, i'm not going to slash first and ask questions later. i'm mindful that we live in a global -- on a global stage. where investors are scared to death that the u.s. is going to sink deeper in debt. he's striking, though, he's striking the right tone for me. i know he's striking the right tone now for a lot of americans. i don't think you can overstate the importance of that new tone. >> well, and if he were to win, and i still think it's a big if, he would have a lot of flexibility, i think, to do what you were talking about three or four minutes ago on the show, which is do a global deal that's positions the united states to really sort of take advantage of this global slowdown. we have a piece up today where we have jamie dimon, other people on the record saying, you know what? we wil
with the skills they need to get the jobs they want. get this deficit and debt under control to prevent a debt crisis. make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses, they're our job creators. >> they get out of the way. if they get out of the way and let us pass the tax cut for the middle class and make it permanent. they get out of the way and let us allow 14 million people who are struggling to stay in their homes because their mortgages are upside down but they never missed a mortgage payment. >> ali velshi is our chief business correspondent. ali velshi, welcome back. unemployment below 6%, to quote you, in your op-ed on cnn money, no more bs, please. care to extrapolate? >> right, so let's put the unemployment number aside for a second. that is a nonpartisan number, that's congressional budget office they say if nothing changed, we would have an unemployment rate of about 6.3% by the end of 2016. the end of the next presidential term. but as we have learned in the last week, the unemployment rate measures different
of reducing tax marginal tax rates and increasing revenues and the cost it might add to the deficit is criticized as being non-specific. how do they respond to that? >> governor romney has laid out a framework. any time you have a plan such as this, you don't want to put all the details out there because there are negotiations that need to take place. the framework has been looked up by six different independent organizations including those from harvard and princeton. to say this plan will work. so the details don't need to be out there right now. the framework is very clear about what mitt romney and paul ryan want to do to strengthen our middle-class. >> gregg: i might say that the tax policy center which is cited by the obama campaign it's going to cost five trillion has been said by the director of the to be completely untrue. let me move on. the president has added two new things to his campaign speeches. he tells his audiences he says romney wants to kill big bird but more credibly he points to the unemployment rate that drops below 8%. it shows the economy under his leadersh
have. i heard mitt romney say, talking about, again, i won't pass a tax cut that raises the deficit. that sounds pretty much like the romney doctrine to me. that's what i took away from that debate. and they can have that debate if they want to, but, again, i think a lot of people are listening for the first time. and if mitt romney did move to the center, well, i think that's probably pretty good general election strategy. >> and did he answer any questions about how he would do all this? and what loophole he would cut? how he would reduce the deficit? by when? did anyone ask? >> i mean, there's two components to his tax reform plan. one is a huge tax cut, which is going to add up to $5 trillion. and the other is to pay for it. so he's been explicit about one part, which is the tax cut. he hasn't been detailed about the last part. but obama never pressed him on this. that's your point. these are 90-minute forums, they're highly intense. >> you just did it, mika, so why couldn't he? >> that's what i'm wondering. >> everybody out there, democrats were yelling at the camera. >> becaus
and deficit this country is facing, it's clear that we have a lot of problems in this country that the president has just not addressed, and i think that's why we saw his debate performance the way that it was a couple of nights ago. he has a really, really hard time defending his record, defending the last four years and that's why we saw such a difference between him and governor romney on the stage last wednesday in denver. >> kirsten, thank you very much. appreciate it. >> thank you. >>> a 12-year-old boy is attacked on a school bus but didn't tell his mother. we'll tell you how she found out. >>> it's one of the most recognizable guitar riffs ever recorded. the theme to "james bond." ever wonder how much the guy who played it made? we'll tell you next. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ >>> you know t
Search Results 0 to 49 of about 102 (some duplicates have been removed)